Die in Luxemburg ansässige Muttergesellschaft investierte mehr als 860 Millionen Euro, um seinen Betrieb in der Ukraine aufrechtzuerhalten. Am Wochenende kam es dort zu einem tödlichen Angriff.
The Mittal family, known for the Luxembourg-based company ArcelorMittal, is expanding its global investments, wealth, and power by venturing into the sports industry.
A major fire erupted on Sunday morning at the ArcelorMittal site in Gandrange, Mondelange, with 85 firefighters currently deployed to tackle the blaze.
Police are investigating after six individuals repeatedly gained unauthorized access to the ArcelorMittal plant in Differdange, leading to a manhunt and the seizure of a van.
Y/KNOT Invest has announced approximately $1.44 million in revenue from the completion of a cargo transfer agreement with ArcelorMittal, the world's largest steel and mining company, for a shipment from Brazil to Germany.
Ukrainian group Interpipe, controlled by billionaire Victor Pinchuk, has restarted production at a former ArcelorMittal factory in Roman, Romania, with plans to increase output and recruit additional staff.
The French National Assembly has approved both a revalorization of student grants and the nationalization of ArcelorMittal France. These decisions address financial support for students and industrial policy.
ArcelorMittal is facing challenges due to tariff policies, as the EU and USA have neared an agreement in their tariff dispute, though underlying problems for the steel industry persist.
Protests accompanied the annual ArcelorMittal shareholders' meeting, where decisions to increase dividends, cut jobs, and postpone investments were discussed.
ArcelorMittal Poland has completed a €60 million investment at its Dąbrowa Górnicza plant, restarting blast furnace #3 to restore full production capacity, which is crucial for the national steel supply chain.
Romania's Competition Council has approved the transaction for UMB Steel SRL, part of the Umbrărescu group, to acquire assets belonging to ArcelorMittal Hunedoara SA.
Grupul ucrainean Interpipe, printre cei mai mari producători globali de țevi de oțel, controlat de miliardarul Victor Pinchuk, al doilea cel mai bogat om din Ucraina, a cumpărat fabrica de produse…
The Luxembourgish state has provided 20 million euros in aid to ArcelorMittal, primarily supporting projects focused on research and environmental protection measures in recent years.
ArcelorMittal's stock fell significantly after J.P. Morgan double downgraded the steel giant to a Sell equivalent, indicating concerns about its future performance.
A Russian missile strike hit the ArcelorMittal steel plant in Kryvyi Rih, Ukraine's largest steel facility, resulting in two deaths and 13 injuries. The attack damaged a blast furnace and power units at the plant, owned by Indian billionaire Lakshmi Mittal.
Russian forces launched a missile attack on the ArcelorMittal mining and metallurgical plant in Kryvyi Rih, Ukraine, resulting in one fatality, several injuries, and damage to key production facilities.
ArcelorMittal and Microsoft have announced a deepened partnership, focusing on the integration of Microsoft Azure to enhance operations and digital transformation within the steel and mining company.
Several companies, including MarketAxess, Jones Lang LaSalle, APi Group, and Regeneron, have reported robust second-quarter earnings that largely surpassed analyst estimates for both EPS and revenue. Regeneron notably saw a rise in its stock following strong performance driven by its high-dose Eylea.
The theft of copper cables at an ArcelorMittal plant disabled two bridge cranes, forcing a reduction in production and prompting the company to enhance security measures.
Y/KNOT Invest announced a cargo transport agreement with ArcelorMittal, the world's largest steel and mining company, for transporting cargo from Brazil to Germany, generating approximately $1.44 million in revenue.
Major steel producers ArcelorMittal, Thyssenkrupp, and Voestalpine are urging Europe to temporarily halt the increasing costs associated with emissions trading, citing concerns over competitiveness.
163 employees of ArcelorMittal's steelworks in Fos-sur-Mer, France, are suing their employer, claiming anxiety prejudice after being exposed to dangerous products during their professional activities.
ArcelorMittal has successfully raised $667 million through the sale of its stake in Vallourec. This financial transaction marks a significant move for the steel and mining company.
Michel Wurth, a long-time ArcelorMittal manager, reflects on four decades of crisis rounds, questioning if Luxembourg's consensus model, known as the Tripartite, still functions effectively today. He suggests that if it's treated like collective bargaining, it loses its impact.
ArcelorMittal is reportedly aiming to take over a steel distribution joint venture it holds with a Stellantis supplier. This move could consolidate its position in the steel distribution market.
Businessman Dorinel Umbrărescu, through UMB Steel, has received approval from the Competition Council to acquire the assets of the former ArcelorMittal Hunedoara plant in Romania.
Despite a recent downgrade, the broader analyst sentiment remains bullish on ArcelorMittal (MT), suggesting underlying confidence in the company's long-term outlook.
A worker at the ArcelorMittal steelworks in Ghent, Belgium, suffered a severe industrial accident over the weekend, resulting in the loss of his entire forearm.
ArcelorMittal and Nippon Steel are set to begin construction on a new 17.80 MTPA integrated steel plant in Rajayyapeta, Anakapalli district, India, with a groundbreaking ceremony scheduled for March 23.
Negotiations are underway regarding ArcelorMittal's investments in its Luxembourg plants, with potential job relocations causing concern among the opposition, while Marc Spautz sees no need for further steel tripartite discussions.
A new SEC proposal suggests that many companies would be able to announce earnings quarterly and ditch certain filings. This potential change aims to streamline reporting requirements for businesses.
Steel giant ArcelorMittal has been targeted by several tax adjustments in France following audits, which the company has contested. ArcelorMittal stated it no longer has ongoing disputes, suggesting an agreement has been reached.
Several analyses are evaluating the best stocks to invest in under $100, highlighting companies like ArcelorMittal, Hertz, and Carvana. These reports also identify some beaten-down stocks that are not recommended for purchase.
ArcelorMittal is at the center of a 'Battle For Steel' in France, becoming a symbol of fears that Europe is losing the industrial foundations crucial to its economic strength. Lawmakers are expressing concern over the company's role in this trend.
A Canadian court has imposed a record C$100 million fine on ArcelorMittal for environmental violations, marking a significant penalty for the steel giant.
Ukrainian billionaire Victor Pinchuk's Interpipe group, a major steel pipe producer, has resumed production at the former ArcelorMittal factory in Roman, Romania.
Several major tech companies, including Meta and Microsoft, reported earnings, leading to significant fluctuations in their stock prices. Meta saw a substantial drop after its AI expense estimates, while Microsoft's solid earnings didn't prevent a stock decline.
A $37 million steel donation from ArcelorMittal for Donald Trump's ballroom has caused controversy, as revealed by the New York Times. The donation is surprising given Trump's prioritization of protecting the American steel industry, fueling criticism across the Atlantic.
Former Romanian national team coach Mircea Lucescu, 80, who suffered an acute myocardial infarction, is reported to be stable, conscious, and cooperative with medical staff at the University Hospital.
Japan's TSUNEISHI SHIPBUILDING Co. announced the delivery of the world's first LNG dual-fuelled Kamsarmax vessel, built for Global Chartering, a joint venture between ArcelorMittal and DryLog.
ArcelorMittal and Nippon Steel have invited Expressions of Interest (EoI) for a steel fabrication unit in Andhra Pradesh, with an execution timeline of up to four years for the project.
Andhra Pradesh Chief Minister announced that the foundation for the ArcelorMittal Nippon Steel plant will be laid this month, highlighting the state's focus on 'Speed of Doing Business' to attract investments.